Firering Strategic Minerals: From explorer to producer. Watch the video here.
im in all three and BHR to top and TSTR to boot happy days
Alba dropped 20%yesterday and has been linked with its Mauritanian licences to Alecto, I wonder if there is truth in the rumour, but perhaps Alba may be losing its licences due to lack of development and ALO may be picking them up on the cheap. Just an observation. ALO have just been granted a no. of uranium licences in Mauritania. Conboy runs the sister Company, the shell, Charles Street Capital. Wouldnt surprise me at all to see CHC take out Alba in one of the 3 rto deals that CHC has been lining up. Keep an eye on CHC.
RTO RUMOURS/ Alba Mineral Resources ?
get to .345 im even
wow after .29 most of the week we are up
thankyou for that now that i know of you i will keep an eye on your informative posts, gl with this
the big fat purple line as long as it points skyward im happy! thanks so where do you see this marching on to?
Tri-star resources, you might be interested in fact anyone might be who likes rare earth minerals, awaiting a drill report on Antimony
A group called Governance for Owners, which controls a stake of about 14% in Wegener, requested an extraordinary general meeting, which is due to take place on 22 December.
Mecom investor sells 14% stakeInvesco's move could see chief executive David Montgomery remain at the pan-European newspaper group Share Comments (0) Mark Sweney guardian.co.uk, Wednesday 17 November 2010 15.34 GMT Article history Will Monty cling on at Mecom? Photograph: Morten Holm/EPA Mecom investor Invesco, which joined a shareholder rebellion to oust chief executive David Montgomery, has sold its 14% stake in the pan-European newspaper group. Invesco's exit will fuel speculation that Montgomery may look to engineer a way to stay on at the company he founded a decade ago in a different role. In September Invesco, the investment fund manager and Mecom's second-largest shareholder, supported a move by Aviva and Legal & General to try and replace Montgomery with Patrick Tillieux, a former senior executive at broadcasters SBS and ProSiebenSat.1, and introduce a new strategy to focus on its flagship Netherlands operation. The rebel shareholders, which at the time jointly controlled more than 50% of Mecom, succeeded in forcing Montgomery into what was called a "planned retirement" after the company's pre-close trading statement in January. Plans to install Tillieux and change strategy were dropped as a result. Invesco's sale of its stake in trading yesterday, which one source said was to a number of "blue chip institutions", leaves the rebels with less than 30% and in a weakened position to force any further changes in Mecom strategy. Aviva, thought to be the most dissatisfied of the investors and leader of the rebellion, is the largest shareholder with 17.5%. L&G is third largest with 10%. Invesco has been decreasing its stake since around early July, when it controlled more than 18%. The sale of its remaining stake is thought to be the single biggest trade in Mecom shares in at least three years. At the time of his planned departure Montgomery said he still had the "complete confidence" of the board, which subsequently said it would start a process to "find the person best qualified to succeed" him. Montgomery is currently battling unrest at Dutch subsidiary Wegener, which accounts for more than 40% of Mecom's total revenues and 88% of operating profit, over the sudden departure of chief executive Joop Munsterman. Senior executives at the company have claimed that at several meetings Montgomery has said he will remain at the company. Mecom declined to comment. In Mecom's most recent results, for the first six months of the year, the company showed signs of an improved financial performance, beating analyst expectations with pre-tax profits of £24.6m. It is thought that Mecom's performance has shown continued improvement, which Montgomery is likely to use as evidence that the strategy is working and he should stay at the company. A group called Governance for Owners, which controls a stake of about 14% in Wegener, requeste
makes it interesting, movement at last has the seller cleared now so this can march i mean run upto £3
if you are a charty im intrigued what your view is on TSTR, great opportunity, in fact its a rub your eyes i cant believe this little gem! i dont ask anyone ever to research this is the first time as i cant see anything but good
welcome a charty! greaat now you are gonna depress me! LOL well i hope not
i expect an RNS at close do you?
to be honest i would be surprised if Mecom is still here new year!
My thought is there are either more than one ii buyer , or this has gone to a private equity comp! agree with you this has huge upside now
Invesco bought in at around 7.5p old money as did many of the others the RI was the last ditch effort by DM to realise value what a fuq up that was so we are still to low they are sitting on huge losses to have cut their losses and gone because their plan with the other 2 stoodges hasnt happened so what do they do they leave, impatience!
this is strange yeah i bought at 218 some more ok with that, checked all the transactions the bulk went through at £2.00 someone has got these on the cheap so im hoping back to 2.75 sharpish, but be interested to know who has bought, Invesco gone now i presume if it is 30% of company thats got buyout all over it lets hope its a cut and carve up you can have my shares for £3.50
hmmm waiting please, what a strange day so much action havent seen these figures since the penny days.....aghh as i sit back and remember 5p, will we see £5 days now?
that was a violent struggle to get 2.18 below my sell of of 223 where i got out last time with a few. so im happy to be in with some more not sure which way this could go but lets see, could be an interesting hour bring on the RNS